• Cuttlefish1111@lemmy.world
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    1 year ago

    How does someone come up with the value? Reddit has 300 million users and worth 6 billion, truth has 3 million and worth 3 billion?? Doesn’t make sense

    • Eldritch@lemmy.world
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      1 year ago

      The stock market is pure speculation and hype. There’s no science or method to it. It’s straight up gambling. Some people are better at it than others. But it’s still gambling. Not to mention, I’m sure there are some foreign interests involved helping to push it.

    • TooManyFoods@lemmy.world
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      1 year ago

      Well think of the qualities of the users. One platform filled with chaotic contrarians, the other with people who will do anything you tell them to including rising up against the government.